Singapore: Self-Adhesive Paper Market 2024

Self-Adhesive Paper Market Size in Singapore

The Singaporean self-adhesive paper market totaled $X in 2021, with an increase of 2.7% against the previous year. The market value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Self-Adhesive Paper Production in Singapore

In value terms, self-adhesive paper production fell slightly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 70% against the previous year. Self-adhesive paper production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Self-Adhesive Paper Exports

Exports from Singapore

In 2021, shipments abroad of self-adhesive paper and paperboard increased by 17% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 18%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, self-adhesive paper exports soared to $X in 2021. Over the period under review, exports, however, recorded a drastic downturn. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for self-adhesive paper exports from Singapore, with a 50% share of total exports. Moreover, self-adhesive paper exports to Malaysia exceeded the volume sent to the second major destination, Thailand (X tons), fivefold. The third position in this ranking was taken by China (X tons), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to Malaysia totaled -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-6.8% per year) and China (+11.0% per year).

In value terms, Malaysia ($X) remains the key foreign market for self-adhesive paper and paperboard exports from Singapore, comprising 41% of total exports. The second position in the ranking was held by Thailand ($X), with an 11% share of total exports. It was followed by Indonesia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia stood at +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-3.7% per year) and Indonesia (-19.0% per year).

Export Prices by Country

The average self-adhesive paper export price stood at $X per ton in 2021, surging by 18% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Paper Imports

Imports into Singapore

In 2021, overseas purchases of self-adhesive paper and paperboard were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of 43%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, self-adhesive paper imports surged to $X in 2021. Overall, imports, however, showed a abrupt contraction. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Thailand (X tons) and China (X tons) were the main suppliers of self-adhesive paper imports to Singapore, together accounting for 60% of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +15.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Malaysia ($X) were the largest self-adhesive paper suppliers to Singapore, together accounting for 64% of total imports. Thailand, China, Indonesia, Germany, Italy and India lagged somewhat behind, together comprising a further 31%.

Italy, with a CAGR of +10.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average self-adhesive paper import price stood at $X per ton in 2021, surging by 9.6% against the previous year. In general, the import price, however, saw a mild curtailment. The pace of growth was the most pronounced in 2018 an increase of 20% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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